RattanIndia Group firm RattanIndia Solar 2 Ltd has won solar project of 50 MW capacity at Allahabad in Uttar Pradesh. "The project was won at a tariff of Rs 4.43 per unit plus a viability gap funding of Rs 75 lakh per MW in reverse e-auction conducted by Solar Energy Corporation Limited (SECI).

Overall combined capacity of 440 MW was offered in this bid out of which 50 MW was for Allahabad. The land for the project will be provided by Uttar Pradesh. "RattanIndia has solar projects of more than 240 MW spread across various states of India. All of our solar farms have fully acquired land.

Earlier, RattanIndia had won 70 MW of solar project in Rajasthan through NTPC and 40 MW of solar project in Maharashtra through SECI.

The group is also implementing 10 MW of grid connected solar rooftop projects on CPWD buildings in Delhi and West Bengal which includes important government buildings like The Supreme Court of India and Krishi Bhawan.

Renewable sector, currently a beneficiary of several indirect tax exemptions, may be a big loser if goods and service tax is implemented since the bill proposes to revoke most of these exemptions. Costs and tariffs are expected to rise by 12-20% as a result.

The Palestinian Energy Authority and the World Bank launched today the Gaza Solar Revolving Fund, a pilot aiming to install rooftop solar energy in Gaza for residential consumers, businesses and hospitals.

In a press conference held in Dubai, HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), announced details of the 20th Water, Energy, Technology, and Environment Exhibition (WETEX 2018) and the 3rd Dubai Solar Show. DEWA organises the two exhibitions at the Dubai International Convention and Exhibition Centre from 23 to 25 October 2018. WETEX 2018, under the theme ‘At the forefront of sustainability,’ will be the biggest in the exhibition’s history, covering 78,413 square metres. It will host 2,100 exhibitors from 53 countries.

WETEX is the largest of its kind in the region and one of the biggest specialised exhibitions in the world. It has become an annual event for regional and international companies in the energy, water, clean energy, environment, oil, gas, green development, and related sectors, to showcase their solutions and products and discuss best practices, and latest technologies and innovation.

WETEX and the Dubai Solar Show provide companies with the opportunity to promote their products and services and meet officials and investors from around the world to make deals and establish partnerships. Exhibitors and visitors can explore the latest technologies in these vital sectors, as well as identify market needs and key current and future projects in the region, especially in light of the increasing adoption of clean and renewable energy in the UAE and the region.

Visitors can also benefit from the busy agenda of seminars, session, workshops and specialised events that host experts and specialists from around the world to discuss the development and adoption of solar energy in the region to achieve the sustainable development. A number of environmental activities and community activities to raise awareness on the importance of conserving energy, and promoting sustainable development and green economy also form part of the event.

Amplex-Emirates LLC was awarded a pilot project by Dubai’s Electricity & Water Authority to install a battery energy storage system at the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai; the first energy storage system paired with a photovoltaic plant at a grid-scale level in the United Arab Emirates.